" Toyota, the world's biggest carmaker, has made its worst annual loss as the global economic downturn has hit demand for its vehicles. The Japanese company said it made a net loss of 436.94bn yen ($4.4bn; £2.9bn) in the year to 31 March, compared with a record profit the...
created by Amitjha | 2 years ago 68 views | 0 recommendations | 0 comments
Nissan will close its Sunderland factory from Friday for two weeks. This is due to the global financial downturn resulting in lower sales of its Micra and Note models.When it finally opens again it will run...
created by Paul Conneally | 3 years ago | updated 3 years ago 1132 views | 21 recommendations | 15 comments
"Luxury carmaker Porsche is to challenge plans to increase London's congestion charge to £25-a-day for some vehicles.
The firm said it intended to ask for a judicial review into the price changes, which come...
Frankfurt (ANTAR News) - Volkswagen, the biggest European carmaker, is
looking for a new Asian partner and is focusing on Indonesia and
Thailand after talks with the Malaysian group Proton broke down, a
press report said on Wednesday.
The business daily Handelsblatt quoted VW...
created by uusjio | 4 years ago 576 views | 0 recommendations | 0 comments
Russia known for it's Mafia Protectionist rackets with individual crime families controlling their own city block extracting payments from shop keepers. Some say it has grown to include major factories with non...
created by Barry ORegan | 4 years ago | updated 4 years ago 601 views | 0 recommendations | 0 comments
"Disgruntled staff streamed out of General Motors factories across the US yesterday as the country's main car workers' union called a nationwide strike in a protest over healthcare benefits and job security.
The...
"BMW and DaimlerChrysler are threatening legal action against a Chinese carmaker they claim is producing copies of some of their models.
BMW is said to consider Shuanghuan Automobile's CEO model to be too similar...
This is the first good news to come out of the US car industry in years...and it's interesting to note that as Ford announces this positive result it also announces it is considering selling some of its other...
created by ryan | 4 years ago | updated 4 years ago 1238 views | 24 recommendations | 2 comments